CBDT notifies New Form 26AS i.e. Annual Information Statement w.e.f from June 01, 2020

The CBDT vide Notification dated May 28, 2020, the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely—

1. Short title and commencement- (1) These rules may be called the Income-tax (11th Amendment) Rules, 2020. (2) They shall come into force with effect from the 1st June, 2020.

2. In the Income-tax Rules, 1962 –

• (I) rule 31AB shall be omitted;
• (II) after rule 114H, the following rule shall be inserted, namely:-
  “Annual Information Statement"

The Notification can be accessed at: click here

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